197 Forest Lake DR, Del Valle TX 78617

Reviewing the most recent comparable transactions, this home's market value falls around $325,998. For a well positioned listing in FOREST LAKES, I'd target the $378,000 to $379,000 range. In the current FOREST LAKES market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1983 construction puts this home 20 years older than the comp average, a factor in the pricing. At 1.02 acres, the lot is smaller than the 1.45 acre comp average, which factors into pricing. Buyers in FOREST LAKES have 7 comparable options right now, with asking prices between $319,900 and $430,000. Recent trends in 78617 show home values have fallen 1.7% since 6 months ago. The most comparable recent sale is 144 Forest Lake DR, Del Valle TX 78617, with an adjusted value of $191,057; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group